Rio finds aluminium's silver lining

As the price of iron ore dives, a continuing surge in earnings from Rio Tinto's costly aluminium division could become important in the short to medium term.

Given the unpleasant role that its aluminium business has played in Rio Tinto’s recent history, Sam Walsh could be forgiven for trying to pretend it doesn’t exist. Instead, however, he showcased it at last night’s investor briefing in London and outlined plans to invest the best part of $US1 billion in expanding it.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles